The lower a business organization's cost-income ratio (CIR) is, the more economical its processes are. However, banks often find it difficult to meet their CIR targets. This is because they often lack the empirical figures that are necessary to identify cost reduction-relevant areas. zeb/ helps financial service providers to considerably improve their CIR and avoid unnecessary costs.
The zeb/ bank potential analyses indicate the areas where you can make cost reductions quickly and at short notice. It also provides specific target values for individual cost reductions.
- First of all, we make a comprehensive analysis of your personnel and material costs, focusing on specific aspects if necessary.
- We use function-related benchmarks to identify surplus capacity in each area/ department.
- Benchmarks are also used to identify opportunities to reduce material costs.
- We identify specific proposals for action and prioritize them.
- We will be happy to support you in the implementation of the recommended optimization measures and the necessary implementation controls.